15 Best ERP Software Companies for 2024

Priya Naha

Senior Writer

15 Best ERP Software Companies for 2024

Key Takeaways:

  1. Businesses undergoing digital transformation prioritize cloud-based ERP solutions enabling them to adapt to changing needs efficiently.
  2. Organizations are increasingly turning to ERP solutions to streamline operations, boost efficiency, and stay agile.
  3. By providing insights into leading ERP companies like Oracle, Microsoft, SAP, and others, businesses can make informed choices tailored to their specific requirements.

Organizations are aggressively venturing into ERP solutions, an innovative model that revolves around the deployment of applications within extremely flexible, interoperable, and customizable software frameworks. With a projected CAGR of 4.48%, the ERP market is expected to reach a revenue milestone of US$52.33 billion in 2024. 

Before understanding any ERP product, it is crucial to know about the company. So, we’ve tried to provide insights into the major ERP companies shaping the ERP software market.

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Pro-tip

Before selecting an ERP software, assess your organization's specific needs, scalability requirements, and compatibility with existing systems. Prioritize providers offering robust customer support, regular updates, and flexible pricing models.

List Of Top ERP Companies

Enterprise resource planning is used by businesses to monitor and manage critical operations to increase productivity. Due to its flexible performance, companies of all sizes customize ERP software solutions to meet their operating needs. 

Let’s take a look at the best ERP software companies.

1. Oracle

Oracle

Oracle is among the well-known ERP companies that enable businesses globally with a range of software and computing products. Oracle NetSuite ERP is aimed mostly at midsize businesses. The other, an extensive in-house platform called Oracle Fusion Cloud ERP, handles the demands of the biggest international companies. 

Oracle Cloud Infrastructure makes it easy for businesses to move workloads across different cloud platforms and on-premises settings. The extensive product range includes solutions for Enterprise Resource Planning (ERP), Supply Chain and manufacturing, Customer Experience, Enterprise Asset Management, Human Capital Management, and other areas.

Power Moves

Oracle plans to unveil fresh healthcare-centric offerings in the upcoming quarter. CTO Larry Ellison revealed that the company is ready to launch its ground-breaking Ambulatory Clinic Cloud Application Suite to the same clients after successfully moving them from Cerner, a health information technology company acquired in 2021, to Oracle’s Gen2 Cloud infrastructure in the third quarter. 

Why Choose Oracle?

  • The Financials Cloud module offers a flexible, integrated solution for generating detailed reports based on an analytical framework.
  • The Risk Management Cloud module provides a secure repository for risk control.
  • The Procurement Cloud module offers a comprehensive self-service interface that empowers suppliers and expedites contract billing processes.
 
Looking for ERP Software?
Check out SoftwareSuggest’s list of the best ERP Software solutions.

2. Microsoft

Microsoft

Microsoft has firmly established its position among ERP software companies with a wide range of Dynamics products largely geared toward small and midsize businesses and accessible on-premises and in the cloud. By utilizing its broad range of products, Microsoft effectively combines ERP features with its Office suite, Teams, Outlook, Power BI, SQL Server, and Azure’s extensive analytics capabilities.

Microsoft Dynamics GP helps SMBs manage supply chains, optimize finances, streamline operations, and more. With Dynamics GP, businesses can meet a variety of business demands with flexibility, scalability, and configurability. It is designed to improve efficiency and enable data-driven decision-making.

Power Moves

Microsoft is revolutionizing healthcare with AI by forging new partnerships with leading healthcare entities. Stanford Medicine and Microsoft have unveiled the extensive adoption of Nuance Dragon Ambient eXperience Copilot (DAX Copilot), which integrates conversational, ambient, and generative AI for Stanford Medicine’s medical professionals. 

In a similar vein, Providence and Microsoft have declared their strategic partnership. With Azure serving as the fundamental platform and Microsoft Cloud for Healthcare as its powerhouse, the collaboration is committed to delivering AI-driven solutions that improve interoperability.

Why Choose Microsoft?

  • Using cloud services can help small and medium-sized organizations save costs on their IT infrastructure.
  • Advanced analytics gives organizations dynamic insights and reporting tools that enable real-time performance monitoring.
  • With Dynamics GP, your company can reach the highest level of productivity, backed by an adaptable service package.

3. SAP

SAP

SAP is a powerful player in the ERP software company sector and commands a large portion of the market. This enterprise resource planning software company is well-known for its rich functionality and easy access to vital data and analytical tools, which helps businesses become more competitive and streamline operations. 

SAP’s S/4HANA, the next-generation ERP software, offers strong features in customer relationship management, financials, human capital management, and product lifecycle management to a range of industries, including manufacturing, services, retail, and wholesale distribution.

SAP’s solutions provide full control and efficiency across multiple aspects of business operations, catering to medium-sized and large-scale organizations with intricate operational requirements.

Power Moves

Through a strategic partnership with SAP and the Indigenous Defence and Infrastructure Consortium, Fujitsu, a pioneer in worldwide digital transformation, has optimized its procurement processes to enhance the efficacy of its sustainable endeavors. 

Fujitsu has adopted SAP Ariba, and this integration has enabled Fujitsu to effectively distribute resources to its First Nations suppliers. This has led to an impressive increase in procurement spending over the last few years, from $200,000 to over $5.1 million.

Why Choose SAP?

  • SAP ERP is a flexible business solution and its versatility allows it to easily meet the demands of changing company scopes.
  • Apart from its deep domain knowledge, SAP has a large network of external partners who enhance its products with strong customization and integration features.
  • SAP ERP  simplifies a wide range of processes, from customer relationship management (CRM) and procurement to HR management and creative product development.

4.  Sage

Sage

Sage is among the global ERP providers that serve small and medium-sized businesses in professional services, wholesale distribution, construction, manufacturing, non-profit, and food and beverage. Its range of ERP products, Sage 100, Sage 300, and SageX3, has extensive features for accounting, human resources, inventory management, and customer relationship management.

Diversifying beyond its traditional accounting and payroll offerings for small enterprises, Sage has expanded into cloud infrastructure and broadened its product portfolio.  Under the Sage X3 umbrella, the company is delving into supply chain management, manufacturing, and sales. Sage is the second-largest technology company in the UK and the world’s leading supplier of ERP software for small businesses, ranking third overall.

Power Moves

Sage and Amazon Web Services (AWS) signed a strategic collaboration deal that promises to significantly improve operational optimization for small and medium-sized businesses (SMBs) by leveraging generative AI. Sage pledges to develop a customized domain-specific Language Model (LLM) aimed at improving accounting and compliance operations by utilizing Amazon Bedrock and Amazon Lex.

Why Choose Sage?

  • The intuitive UI  allows for customized feature deployment based on your needs.
  • Simple to streamline fiscal expenditure by using past budget data or constructing them anew.
  • Easy to customize financial statements by choosing from a variety of pre-made templates or creating custom ones.

5. Infor

Infor

Infor is among the top ERP companies offering solutions for a wide range of industries, including manufacturing, distribution, consumer goods, public services, energy, healthcare, hospitality, and more. This ERP solution provider is designed to give users all the tools they need for everyday tasks and long-term expansion.

With over $3 billion in revenue per year and a healthy market share of five to six percent, Infor is one of the leading ERP companies in the world. Gartner has recognized award-winning Infor’s CloudSuites as a top option among ERP software providers designed for businesses.

Power Moves

In a strategic move, Infor is internalizing process automation through the introduction of Infor Enterprise Automation, an advanced cloud-based solution tailored to empower users in automating their business operations.  

Infor has unveiled its Developer Portal, which provides developers with the necessary resources to create apps and extensions that work with Infor’s cloud ERP suite. Robotic process automation, data integration, artificial intelligence, and machine learning are just a few of the technologies combined into a single SaaS platform by Infor Enterprise Automation.

Why Choose Infor?

  • Infor ERP offers comprehensive solutions tailored to various industries.
  • Whether a small startup or a large enterprise, Infor ERP can accommodate changing needs and scale accordingly.
  • Infor ERP solutions are built with industry-specific requirements, ensuring that companies can benefit from best practices and tailored features.

6. Epicor

Epicor

 Epicor is an ERP solutions company that provides its unique Kinetic cloud ERP software suited for medium-sized businesses and large companies. Epicor’s solution combines advanced technologies like IoT, mobility, business analytics, and Big Data to promote smart and agile manufacturing processes alongside extensive business support.

Equipped with a vast array of solutions, including analytics, CRM, data management, e-commerce, financial services, HR, sales, enterprise content management, business intelligence, and supply chain management, Epicor has decades of experience in serving its clientele. To further emphasize its dedication to seeing its clients succeed, Epicor also provides implementation, education, cybersecurity, update, migration, and consulting services.

Power Moves

Epicor pioneers groundbreaking predictive analytics solutions tailored for automotive parts distributors and service/repair enterprises. The innovative offerings, Epicor Predictive Inventory Assistant (PIA) and Predictive Maintenance Assistant (PMA) use the robust features of Epicor’s network of linked data sources and aftermarket product content engine.

This combination sets a new benchmark for the industry by providing insights from over 1 billion distinct part transactions and more than 140 million vehicle repair incidents annually.

Why Choose Epicor?

  • It is easy to customize the system to meet the needs by excluding unnecessary modules.
  • The platform offers two unique user interface designs: classic and modern.
  • Its mobile application, available on iOS and Android platforms, helps on-site and remote employees by enabling seamless connectivity.

7. Workday

Workday

Workday began as a SaaS-oriented Human Capital Management (HCM) platform. It has now broadened its product line to include enterprise planning and finance management, emphasizing service-oriented businesses above product-oriented ones. 

Workday is a cloud-based ERP software vendor that caters to medium-sized and large enterprises in various industries, including life sciences, energy, insurance, retail, non-profit, and manufacturing. It offers a wide range of services, including payroll, financial management, HR, payroll, talent management, analytics, planning, and workforce management.

Through the replacement of separate systems, this unified approach enables organizations of various sizes to optimize their operations and obtain deeper insights into their data landscape.

Power Moves

A new exclusive strategic partnership between Workday and Insperity aims to provide small and midsize businesses with excellent HR services and technology. Through this partnership, Workday Human Capital Management (HCM) and Insperity’s premium Workforce Optimization will be integrated.

The integrated solution helps organizations effectively manage all employee journey stages, from hiring to retirement, by consolidating payroll processing, benefits administration, talent management, and compliance chores into a single, cloud-based platform.

Why Choose Workday?

  • It offers seamless integration across various business functions, providing a unified platform for efficiently managing finance, HR, and operations.
  • With its intuitive interface, Workday ERP simplifies complex processes, enhancing productivity across the organization.
  • Workday consistently updates its ERP system with new features and functionalities to drive growth and success.

8. QAD

QAD

QAD is among the progressive enterprise resource planning solution companies that serve midsize manufacturers with its cloud-based QAD Adaptive ERP package. QAD is distinguished by its integration efforts, notably by its ability to cross the conventional divide between CRM and ERP features.

 QAD provides a flexible ERP solution suited to the requirements of its initial target market. Its program is especially suggested for businesses that need six users or more to be active on the system. 

QAD uses its QAD Cloud infrastructure to guarantee 24/7 worldwide service in all major languages.QAD Cloud prioritizes GDPR compliance and meets strict security requirements in addition to ensuring reliable availability and performance.

Power Moves

QAD, a prominent supplier of advanced cloud-based manufacturing and supply chain solutions, has unveiled its latest endeavor: the Industrial Transformation Platform. This innovative initiative marks a pivotal step in QAD’s mission to go beyond conventional enterprise software offerings. Known as the O³ Platform, it represents a significant breakthrough with an emphasis on improving People, Processes, and Systems. 

By prioritizing these components, the platform aims to help its clients embark on a meaningful journey promoting operational excellence and unmatched productivity worldwide.

Why Choose QAD?

  • QAD offers scalability, flexibility, and accessibility, ensuring that businesses can adapt to evolving needs and technological advancements.
  • The ERP solutions are tailored to meet specific industry needs, providing reliable and effective support for businesses in those sectors.
  • QAD’s ERP solutions ensure that organizations can optimize their operations, improve efficiency, and achieve sustainable growth.

9. Salesforce

Salesforce

Salesforce has made deliberate moves into the ERP space. Using its strong cloud infrastructure for CRM apps (SaaS) and app development (PaaS), Salesforce is among the best software ERP companies that have cleverly extended its reach to allow outside companies to provide ERP solutions.

 Salesforce offers modern cloud-based solutions designed to optimize corporate processes. Salesforce ERP is designed with a strong focus on customer satisfaction and efficiency, enabling organizations to prosper in the face of the ever-changing modern marketplace.

Power Moves

Salesforce unveiled an advanced Generative AI platform customized for its customers within Slack’s ecosystem. With the help of this modern Slack AI integration, users can access the vast amount of shared knowledge on the platform with ease and reliability. 

With carefully chosen features like AI-powered search, channel summaries, thread synopses, and, soon, a digests feature, users can effectively navigate and leverage Slack’s collaborative potential for increased productivity.

Why Choose Salesforce?

  • Salesforce ERP offers seamless integration with various business modules, including sales, marketing, customer service, and finance. 
  • The ERP can adapt to evolving needs and growth trajectories. Its modular design allows businesses to customize the platform to fit specific requirements.
  • Salesforce ERP provides businesses with real-time insights and analytics, enabling data-driven decision-making and strategic planning.

10. Netsuite

Netsuite

NetSuite is a leader in cloud computing, as evidenced by the IT giant Oracle Corporation’s recent acquisition of the company. With operations in more than 100 nations, it is dedicated to providing cloud-based financial services and ERP solutions.

It is one of the best ERP companies, carefully developed to meet the changing requirements of small, medium, and big businesses. This all-inclusive platform acts as a central hub, smoothly integrating vital administrative tasks with management at the highest levels.

Utilizing modern automation simplifies processes that range from managing orders and inventory to overseeing finances and billing. Healthcare, financial services, higher education, manufacturing, and retail are just a few of the industries that NetSuite serves, solidifying its standing as an adaptable partner for businesses navigating the intricacies of modern business settings.

Power Moves

NetSuite announced a number of innovative product innovations designed to improve organizational performance and cost-effectiveness to increase revenue and profitability growth. These most recent developments include a combination of traditional and modern AI-powered capabilities for the full suite. 

New field service management and enterprise performance management (EPM) solutions are among the highlights, along with features that simplify business processes and enable finance and customer experience professionals to improve the speed and accuracy of their work.

Why Choose Netsuite?

  • Through its comprehensive procure-to-pay workflows, the supply chain stands will enhance operational efficiency.
  • The integration of order and billing management creates a seamless flow—from order fulfillment and processing to invoicing and payment.
  • Businesses can calculate and generate accurate and timely financial statements for compliance.

11. Wrike

Wrike

Wrike is among the top ERP software companies that run on the cloud. It gives users complete control and oversight over their work. It makes it easier to plan and change from both an office and a mobile location, promoting increased productivity, remote recruiting, and collaboration.

Wrike’s intuitive interface streamlines work completion on a single platform, enabling smooth communication for diverse teams. Features like tags and folders make data organization by tasks, projects, or other classifications simple. They also allow folder customization for effective task grouping across several folders and data sorting. 

While task timelines help uncover project bottlenecks and prioritize key activities, Wrike’s task management tool makes tracking progress easier.

Power Moves

Wrike unveiled a series of enhancements to its Work Intelligence® solution during the sixth edition of the Wrike Collaborate conference. These latest features aim to amplify organizational efficacy and output by consolidating and scrutinizing data from disparate applications, fostering actionable discernments, and furnishing AI-driven support to refine workflows and streamline work execution with greater ease.

Why Choose Wrike?

  • The 3 pane project view enables users to efficiently update team members, engage in task-related discussions, and monitor progress effortlessly.
  • Wrike efficiently arranges data according to tasks, projects, or designated categories, employing folder names.
  • Companies can safeguard data and operational integrity against both internal and external threats by accessing audit reports tailored to their needs. 

12. Acumatica

Acumatica

Acumatica is among the ERP software companies renowned for its adaptable cloud and mobile technology. This cloud-based ERP software helps businesses build robust networks that promote flexibility and efficiency.

Acumatica provides a full range of ERP systems specifically designed for small, growing, and midsized businesses, including those adopting remote and mobile work arrangements. These include project accounting, manufacturing, retail, distribution, construction, and financials. They are all powered by a single cloud-based platform and are seamlessly connected.

Power Moves

Acumatica has announced its upcoming enhancements including the integration of an AP Bill Link within Proforma, the introduction of a supplementary side panel facilitating AP Bill selection, and the inclusion of functionality enabling users to conveniently access attached transaction images.

 Moreover, Amazon’s integration within Acumatica is set to become more widely accessible, incorporating additional functionalities such as “Fulfilled by Amazon (FBA) inventory reconciliation” and “Amazon statement reconciliation.” 

Why Choose Acumatica?

  • Acumatica offers adaptable hosting solutions either on-premise or in the cloud, complemented by scalable licensing models conducive to expansion.
  • Acumatica empowers enterprises to swiftly deploy novel workflows and embrace evolving market dynamics and sectoral shifts.
  • Acumatica’s infrastructure ensures the coherence of business operations amid scaling endeavors.

13. Odoo

Odoo

Odoo is an ERP software company that combines all-inclusive e-commerce, POS, MRP, sales and project management, and other features into one platform. Its adaptability goes beyond simple integration, as it integrates with a variety of sales channels and corporate management platforms to enable the seamless execution of essential tasks. 

Odoo meets a wide range of demands, from timesheets, professional services automation, websites, purchasing, and manufacturing to warehouses, manufacturing, and sales channels. Its flexible suite of 30 apps may be customized to meet specific needs. Due to its flexible pricing models that accommodate different organizational requirements, Odoo becomes a viable option for growing businesses looking for a scalable solution.

Power Moves

Odoo presents a seamless integration with SPS Commerce, a leading EDI provider in the retail sector.  SPS Commerce is a reliable company owing to its vast network, which includes over 500,000 connections between different companies and systems, including 12,000+ Drop Ship Connections, 1,000+ Prequalified 3PLs, and 500,000+ Trading Connections. Its business relationships include Amazon, Costco, Target, Walgreens, and many more big international retailers.

Why Choose Odoo?

  • The tool minimizes the necessity of employing multiple applications for business management.
  • The deployment options are tailored to preferences and include cloud hosting, on-premise setups, and dedicated cloud infrastructure.
  • Odoo boasts a collection of 100+ modules with the liberty to add more.

14. Rossum

Rossum

Rossum is a leading enterprise resource planning software company that distinguishes itself by providing an innovative document gateway solution designed to maximize organizational effectiveness. Rossum’s advanced cognitive data capture technology powers smooth integration and allows businesses from manual data entry duties. 

Using modern AI technology, Rossum’s platform constantly improves its capacity to record data based on user feedback, guaranteeing increased accuracy over time. 

Power Moves

Rossum debuts its US Political Advertising Spending Monitor, revealing a substantial investment of $62.7 million in television campaigns over six months. The monitoring tool carefully examines the strategies candidates use in the media, including their attempts to support or refute predicted election results.

 The focus is mostly on winning electoral votes in states that are critical to the election, like Pennsylvania, Michigan, and Wisconsin. This highlights the calculated efforts made to achieve electoral victory.

Why Choose Rossum?

  • The platform’s distinct single document gateway method unifies enterprise information processing. 
  • Rossum automatically prompts users for manual review if it finds blank data fields or data with low confidence scores.
  • The ERP system offers helpful automation for communication operations. 

15. Tipalti

Tipalti

Tipalti is a fintech company that specializes in accounting software and is dedicated to simplifying the intricacies of accounts payable. It provides a wide range of products, including solutions for tax and VAT compliance, worldwide payments, and invoice and procurement management.

Tipalti is among the top ERP companies that provide end-to-end accounts payable features. By enabling users to automate financial processes, this solution saves money by reducing the amount of time and resources needed for human labor. 

Tipalti’s intuitive interface supports both performance-based and invoice-based methods, and its customized installations are designed to meet the specific requirements of every customer.

Power Moves

Tipalti launched a carefully designed solution for the European market along with the purchase of an Electronic Money Institution (EMI) license from De Nederlandsche Bank (DNB).

Manual financial processes continue to occupy a significant amount (34%) of the time spent by European finance teams. However, Tipalti’s advanced automation technology lessens this load, allowing finance teams to focus on strategic projects that support organizational growth.

Why Choose Tipalti?

  • A wide range of features are available on the platform for end-to-end AP processing.
  • Tipalti has many governance features that reduce fraud and risk. Examples include role-based views, audit trails, and approval workflows.
  • Users of the suite get access to a real-time dashboard for tracking all financial activity.

Conclusion

Cloud-based ERP systems are becoming increasingly common due to their unmatched scalability and flexibility. Leading ERP providers, including SAP, Microsoft, Oracle, and others, are fostering innovation through ground-breaking projects and strategic alliances in addition to providing reliable software packages. These ERP solutions give companies the tools they need to improve efficiency, streamline operations, and maintain their competitive edge in a market that is constantly changing.

Frequently Asked Questions

When selecting an ERP vendor, prioritize factors like features, scalability, user-friendliness, reliable customer support, integration capabilities, data security, and a proven track record of successful implementations.

Assess your company's complexity, operational inefficiencies, and growth trajectory. If you face challenges in managing core processes, scaling operations, or accessing real-time data, an ERP system could benefit you.

ERP companies typically offer a range of support services, including implementation assistance, training programs, ongoing technical support, software updates, and consulting services to optimize system usage and address user needs.

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